Wells Fargo was fined $3.7b for mismanagement of funds.
On Tuesday, the U.S. Consumer Financial Protection Bureau (CFPB) imposed a $3.7 billion fine on Wells Fargo & Co. for widespread mismanagement of auto loans,
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AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
Google is to introduce a new server chip to run Gemini models more effectively.
Nigeria’s Dangote Refinery raises $2.5 billion in a private placement ahead of a planned IPO.
Meta to diversify beyond advertising with a $10 billion Anthropic compute lease deal.
Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
On Tuesday, the U.S. Consumer Financial Protection Bureau (CFPB) imposed a $3.7 billion fine on Wells Fargo & Co. for widespread mismanagement of auto loans,
A five-year, $723.9 million corporate software license contract for Amazon.com Inc.’s cloud computing division was given by the US Navy on Monday. The agreement will
Following Reuters’ reporting on an illegal abortion program and the execution of children by the Nigerian military, U.S. Senator Jim Risch, the senior Republican on
In its most recent effort to limit the influence of Big Tech firms, the European Union on Monday accused Facebook parent Meta of violating antitrust
More than 30 sailors were still missing on Monday, more than 17 hours after their vessel capsized in choppy waters in the Gulf of Thailand.
As many public sector unions go on strike in the final week before Christmas, the British government announced Sunday that it will send 1,200 soldiers
A shooting at an Atlanta apartment complex on Saturday that authorities said started as an online argument resulted in the deaths of two adolescent boys
Fatima Garcia entered a mosque in Doha to learn more about Islam while covering up with a black abaya, a long, loose-fitting robe. The Salvadoran
In response to a shortage of energy supplies brought on by the conflict in Ukraine, the leaders of Hungary, Romania, Georgia, and Azerbaijan came to
Following a show by Nigerian Afrobeats musician Asake, hundreds of people forced their way into a London musical venue on Friday, leaving three people hospitalized